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The Latest Breaking News from Oil

Testing begins for new tool to reduce oil and gas decommissioning costs

Scottish Enterprise backing of £84,000 has helped an Aboyne-based business take the next step

Insider UK

Rachel Roddy’s recipe for pissadella

During the pandemic, isolated from friends, I fantasised about the parties I couldn’t throw, and the hypothetical food I would serve. This was top of the list

The Guardian - UK

How to master that knack for simple yet revelatory cooking

In his first cookbook, Andy Baraghani instructs cooks on how to trust their instincts.

Los Angeles Times

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read the most diverse news in one place.

Gretchen's table: A fresh tomato pesto pasta with a wee bit of a kick

Summer calls for dishes that don't require a lot of prep, hinge on seasonal produce and can be served either chilled or at room temperature, depending on the temperature of where you'll be eating it.

Tribune News Service

Diesel price rise on Tuesday, levy cut for gasohol

The board of the Oil Fuel Fund Office agreed on Tuesday to increase the cap on the retail price of standard diesel by one baht to 34 baht per litre from Tuesday.

Bangkok Post

FTSE 100 Live: Traders upbeat as blue-chip shares surge, oil above $120 a barrel

Traders returning after the long weekend were in upbeat mood today as the FTSE 100 index rallied more than 1%.

Evening Standard

How the art of Daniel Boyd turns over the apple cart of accepted white Australian history

Daniel Boyd’s solo exhibition Treasure Island, now on at the Art Gallery of New South Wales, is a deeply political and personal interrogation of Australia’s colonial history.

The Conversation

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Europe shows ‘laissez-faire’ economics is not the answer to the cost of living crisis

WHEN it comes to the cost of living crisis, UK Chancellor Rishi Sunak likes to paint a picture of himself as helpless in the face of forces beyond…

The National (Scotland)

Saudi Arabia hikes July crude prices surprisingly high for Asia buyers

Saudi Arabia, the world's top oil exporter, raised July crude oil prices for Asian buyers to higher-than-expected levels amid concerns about tight supply and expectations of strong demand in summer.

Reuters

BPCL setback: Govt to push asset sales

NEW DELHI: The Centre is set to give a fresh push to its privatisation drive after facing a setback over the sale of state-run oil refiner BPCL and will make a renewed bid to complete the transactions of a clutch of companies in the current fiscal year.

The Times of India

Gas rigs transform into undersea paradise

Retired oil and gas production rigs are being developed into a tourist attraction for the first time in Thailand, in an attempt to create a new diving destination in the South.

Bangkok Post

Boom time for Thai cannabis

Cannabis is scheduled to be removed from the Category 5 narcotics list on Thursday, allowing people to grow an unlimited number of plants at home.

Bangkok Post

JSP poised to ramp up CBD oil production

JSP Pharmaceutical Manufacturing (Thailand) plans to increase production of cannabidiol (CBD) oil, extracted from cannabis and hemp, to 30,000 kilogrammes by the second half, up from 300kg, to serve demand for CBD mixtures in products ranging from food to cosmetics.

Bangkok Post

Get ready for 'reverse currency wars' phenomenon

The US dollar is up 12% against the euro over the past year and, at €0.93 (34.22 baht), is approaching parity. If prices of oil and other commodities now seem high in dollar terms, they look even higher in euros. With the greenback surging, and inflation in many countries currently…

Bangkok Post

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The New Daily

Alan Kohler: It’s 1973 all over again, but with a greater energy cost for Australia

After a century of gearing the entire global economy to burning fossil fuels, it was never going to be easy or cheap to switch to sunshine and wind.

StockNews.com

5 Reasons Why It’s Finally The Time To Sell Big Oil

Major oil stocks like ExxonMobil are reaching extremes on a fundamental, technical, and comparative basis. Time to short crude in a non-crude way.

Reuters

Biden should not visit Saudi, meet crown prince, Democratic Rep. Schiff says

U.S. President Joe Biden should not visit Saudi Arabia or meet its Crown Prince Mohammed bin Salman, who approved an operation to capture or kill murdered journalist Jamal Khashoggi, according to U.S. intelligence, a leading Democratic lawmaker said on Sunday.

Radio France Internationale

France in talks with UAE to replace Russian oil supplies

France is in talks with the United Arab Emirates to replace Russian oil purchases, which will stop after the imposition of a European Union ban on Russian crude, Finance Minister Bruno Le Maire said on Sunday.

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The Independent UK

European shipping firms ‘making a mockery’ of Russia sanctions as oil cargoes double

Exclusive: Campaigners say EU-based shipping firms have made a ‘mockery’ of plans to sanction Russia

Asharq Al-Awsat

Moscow Expects Big Jump in Profits from Energy Exports in 2022

Russian Foreign Minister Sergei Lavrov on Saturday said Western sanctions would have no effect on the country's oil exports and predicted a big jump in profits from energy shipments this year. "Considering the price level that has been established as a result of the West's policies, we have suffered no…

Tribune News Service

Iran’s seizure of oil tankers a response to ‘robbery,’ leader says

Iran’s supreme leader said his country’s seizure of two Greek oil tankers in Persian Gulf waters last month was a direct response to the U.S. and Greece’s “robbery” of Iranian crude.

Salon

Your guide to hot-weather meal prep

Or: "How to eat well when it's too hot to keep turning on your oven"

Los Angeles Times

9th Circuit Court blocks permits for fracking off California coast

LOS ANGELES — The U.S. 9th Circuit Court of Appeals on Friday blocked fracking off the California coast, ruling that the federal government must complete a full environmental review before approving permits for such offshore oil drilling platforms.

Radio France Internationale

Nigeria disturbed by acute fuel shortfalls

Motorists queuing for several hours at petrol pumps in the Nigerian capital, Abuja, has become the new normal after an acute scarcity in fuel earlier this year. In February, the government announced that bad fuel containing a high level of methanol was imported into the country by oil marketeers and…

The Guardian - UK

Dylan and Will McMahon: brothers behind the UK’s only baby milk producer

The brothers helping run Kendal Nutricare on being ‘best mates’, working with their father and tackling a US shortage

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